PUBLISHER: IMARC | PRODUCT CODE: 1520501
PUBLISHER: IMARC | PRODUCT CODE: 1520501
Vietnam Recycled Plastics Market Report by Material (Polyethylene Terephthalate, Polypropylene, High Density Polyethylene, and Others), Application, and Region 2024-2032
The Vietnam recycled plastics market size reached 270.1 Kilo Tons in 2023. Looking forward, IMARC Group expects the market to reach 532.4 Kilo Tons by 2032, exhibiting a growth rate (CAGR) of 7.6% during 2024-2032.
Plastic is present around us in huge quantities and accounts for almost 90% of the global municipal waste. This waste gets accumulated on land that can be used for other purposes, and thus recycling plastic offers an effective solution for clearing these landfill spaces. Plastic recycling includes the reprocessing of post-consumer or post-industrial plastics instead of the virgin resin. Plastic is also recycled during the manufacture of plastic products such as polyethylene films and bags. A significant fraction of these plastics is further used in the manufacturing of several products such as footwear, bags, toys, fabrics, toothbrushes, etc.
Increasing prices of conventional plastics along with the growing concern for the environment represent the key factors driving the market for recycled plastics in Vietnam. Recycling plastics reduces the amount of energy and natural resources needed to create virgin plastic. Therefore, shifting focus towards sustainability is boosting the demand for recycled plastics across the globe. Moreover, increasing local demand and lower labour costs has expanded the market in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Vietnam recycled plastics market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on material and application.
Breakup by Material:
Polyethylene Terephthalate (PET)
Polypropylene (PP)
High Density Polyethylene (HDPE)
Others
The report has segmented the market on the basis of material including Polyethylene Terephthalate (PET), Polypropylene (PP), High Density Polyethylene (HDPE) and others. Amongst these, Polyethylene Terephthalate (PET) represents the most popular type.
Breakup by Application:
Non-Food Contact Packaging
Food Contact Packaging
Construction
Household Products
Others
On the basis of application, non-food contact packaging represents the largest segment.
Breakup by Region:
Southern Vietnam
Northern Vietnam
Central Vietnam
Region-wise, Southern Vietnam is the largest market.
Competetive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Vinh Thanh Corporation, Trinh Nghi Joint Stock Company, Import and Export Joint Stock Company Suwon Vina, Quynh Quyen Hung Yen Trading & Production Company Limited, Trang Yen Plastic Trading Company Limited, Hung Phu Plastic Investment Company Limited, Tran Thanh Phat Company, Tin Thanh Plastic Production - Trading Co. Ltd, Hiep Phat Plastic Trading Manufacturing Co. Ltd., Thien Phuoc Production & Trading Co. Ltd.
This report provides a deep insight into the Vietnam recycled plastics market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vietnam recycled plastics industry in any manner.
Key Questions Answered in This Report:
- How has the Vietnam recycled plastics market performed so far and how will it perform in the coming years?
- What are the major materials in the Vietnam recycled plastics market?
- What has been the impact of COVID-19 on the Vietnam recycled plastics market?
- What are the key application segments in the Vietnam recycled plastics market?
- What are the key regions in the Vietnam recycled plastics market?
- What are the various stages in the value chain of the Vietnam recycled plastics market?
- What are the key driving factors and challenges in the Vietnam recycled plastics market?
- What is the structure of the Vietnam recycled plastics market and who are the key players?
- What is the degree of competition in the Vietnam recycled plastics market?
- How are recycled plastics manufactured?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Vietnam Recycled Plastics Market
- 4.1 Market Overview
- 4.2 Impact of COVID-19
- 4.3 Market Performance
- 4.4 Market Breakup by Material
- 4.5 Market Breakup by Application
- 4.6 Market Breakup by Region
- 4.7 Market Forecast
5 SWOT Analysis
- 5.1 Overview
- 5.2 Strengths
- 5.3 Weaknesses
- 5.4 Opportunities
- 5.5 Threats
6 Value Chain Analysis
7 Porters Five Forces Analysis
- 7.1 Overview
- 7.2 Bargaining Power of Buyers
- 7.3 Bargaining Power of Suppliers
- 7.4 Degree of Competition
- 7.5 Threat of New Entrants
- 7.6 Threat of Substitutes
8 Key Market Drivers and Success Factors
9 Market Breakup by Material
- 9.1 Polyethylene Terephthalate (PET)
- 9.1.1 Market Performance
- 9.1.2 Market Forecast
- 9.2 Polypropylene (PP)
- 9.2.1 Market Performance
- 9.2.2 Market Forecast
- 9.3 High Density Polyethylene (HDPE)
- 9.3.1 Market Performance
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Performance
- 9.4.2 Market Forecast
10 Market Breakup by Application
- 10.1 Non-Food Contact Packaging
- 10.1.1 Market Performance
- 10.1.2 Market Breakup by Material
- 10.1.3 Market Forecast
- 10.2 Food Contact Packaging
- 10.2.1 Market Performance
- 10.2.2 Market Breakup by Material
- 10.2.3 Market Forecast
- 10.3 Construction
- 10.3.1 Market Performance
- 10.3.2 Market Breakup by Material
- 10.3.3 Market Forecast
- 10.4 Household Products
- 10.4.1 Market Performance
- 10.4.2 Market Breakup by Material
- 10.4.3 Market Forecast
- 10.5 Others
- 10.5.1 Market Performance
- 10.5.2 Market Breakup by Material
- 10.5.3 Market Forecast
11 Market Breakup by Region
- 11.1 Southern Vietnam
- 11.1.1 Market Performance
- 11.1.2 Market Breakup by Material
- 11.1.3 Market Forecast
- 11.2 Northern Vietnam
- 11.2.1 Market Performance
- 11.2.2 Market Forecast
- 11.3 Central Vietnam
- 11.3.1 Market Performance
- 11.3.2 Market Forecast
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Vinh Thanh Corporation
- 12.3.2 Trinh Nghi Joint Stock Company
- 12.3.3 Import and Export Joint Stock Company Suwon Vina
- 12.3.4 Quynh Quyen Hung Yen Trading & Production Company
- 12.3.5 Trang Yen Plastic Trading Company Limited
- 12.3.6 Hung Phu Plastic Investment Company Limited
- 12.3.7 Tran Thanh Phat Company
- 12.3.8 Tin Thanh Plastic Production - Trading Co. Ltd
- 12.3.9 Hiep Phat Plastic Trading Manufacturing Co. Ltd.
- 12.3.10 Thien Phuoc Production & Trading Co. Ltd
List of Figures
- Figure 1: Vietnam: Recycled Plastics Market: Major Drivers and Challenges
- Figure 2: Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2018-2023
- Figure 3: Vietnam: Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 4: Vietnam: Recycled Plastics Market: Breakup by Application (in %), 2023
- Figure 5: Vietnam: Recycled Plastics Market: Breakup by Region (in %), 2023
- Figure 6: Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 7: Vietnam: Recycled Plastics Industry: SWOT Analysis
- Figure 8: Vietnam: Recycled Plastics Industry: Value Chain Analysis
- Figure 9: Vietnam: Recycled Plastics Industry: Porter's Five Forces Analysis
- Figure 10: Vietnam: Recycled Plastics (Polyethylene Terephthalate- PET) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 11: Vietnam: Recycled Plastics (Polyethylene Terephthalate- PET) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 12: Vietnam: Recycled Plastics (Polypropylene- PP) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 13: Vietnam: Recycled Plastics (Polypropylene- PP) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 14: Vietnam: Recycled Plastics (High Density Polyethylene- HDPE) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 15: Vietnam: Recycled Plastics (High Density Polyethylene- HDPE) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 16: Vietnam: Recycled Plastics (Other Plastics) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 17: Vietnam: Recycled Plastics (Other Plastics) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 18: Vietnam: Recycled Plastics (Non-Food Contact Packaging) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 19: Vietnam: Non-Food Contact Packaging Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 20: Vietnam: Recycled Plastics (Non-Food Contact Packaging) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 21: Vietnam: Recycled Plastics (Food Contact Packaging) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 22: Vietnam: Food Contact Packaging Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 23: Vietnam: Recycled Plastics (Food Contact Packaging) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 24: Vietnam: Recycled Plastics (Construction) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 25: Vietnam: Construction Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 26: Vietnam: Recycled Plastics (Construction) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 27: Vietnam: Recycled Plastics (Household Products) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 28: Vietnam: Household Products Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 29: Vietnam: Recycled Plastics (Household Products) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 30: Vietnam: Recycled Plastics (Others) Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 31: Vietnam: Others Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 32: Vietnam: Recycled Plastics (Others) Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 33: Southern Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 34: Southern Vietnam: Recycled Plastics Market: Breakup by Material (in %), 2023
- Figure 35: Southern Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 36: Northern Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 37: Northern Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 38: Central Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 39: Central Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2024-2032
List of Tables
- Table 1: Vietnam: Recycled Plastics Market: Key Industry Highlights, 2023 and 2032
- Table 2: Vietnam: Recycled Plastics Market Forecast: Breakup by Material (in '000 Tons), 2024-2032
- Table 3: Vietnam: Recycled Plastics Market Forecast: Breakup by Application (in '000 Tons), 2024-2032
- Table 4: Vietnam: Recycled Plastics Market Forecast: Breakup by Region (in '000 Tons), 2024-2032
- Table 5: Vietnam: Recycled Plastics Market: Competitive Structure
- Table 6: Vietnam: Recycled Plastics Market: Key Players
